Here is our transparent government at work.

From Bloomberg:

“The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.

Fed Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson said in September they would comply with congressional demands for transparency in a $700 billion bailout of the banking system. Two months later, as the Fed lends far more than that in separate rescue programs that didn’t require approval by Congress, Americans have no idea where their money is going or what securities the banks are pledging in return. “

It’s really a shame that local news reporters are asking the tough questions that the MSM has failed to ask.  In the last week, Joe Biden has had two encounters with local reporters pressing him on their socialist and marxist agendas, only to be blacklisted from further interviews.  It’s not wrong to ask them about their redistribution of wealth schemes, because it is marxist and Obama has had some fascination with socialism for years.

Any American who works hard needs to understand that Obama wants to take your money, and give it to the non-productive part of society.  You can’t give tax breaks to people who don’t pay taxes in the first place.  It’s called welfare.

Is this really the person you want to fix the economy?

This is a great article that every voter should read.

“Let’s talk about Joe the CEO. Obama doesn’t know as much about him as he thinks he does. First, it’s been estimated that there are five million Americans with the title of CEO. As it happens, I’m one of them. My business has experienced many twists and turns and dips and dives over the course of nine years, and I am very far from rich. But during those years I’ve paid out a lot in payroll, in taxes, in equipment rentals, in office rent – did I mention taxes? – and in health insurance premiums for employees as well as myself.”

Read full article.

This audio is Obama speaking about redistribution, and actually outlines how to do it.   

Please tell me again why anybody would vote for these people?  Oh I know, because the MSM doesn’t report things like this.  It looks like democrats are now planning to take over your 401K for you. 

“House Democrats recently invited Teresa Ghilarducci, a professor at the New School of Social Research, to testify before a subcommittee on her idea to eliminate the preferential tax treatment of the popular retirement plans. In place of 401(k) plans, she would have workers transfer their dough into government-created "guaranteed retirement accounts" for every worker. The government would deposit $600 (inflation indexed) every year into the GRAs. Each worker would also have to save 5 percent of pay into the accounts, to which the government would pay a measly 3 percent return. Rep. Jim McDermott, a Democrat from Washington and chairman of the House Ways and Means Committee’s Subcommittee on Income Security and Family Support, said that since "the savings rate isn’t going up for the investment of $80 billion [in 401(k) tax breaks], we have to start to think about whether or not we want to continue to invest that $80 billion for a policy that’s not generating what we now say it should."

Link: U.S. News

This is coming from one of the people responsible for the housing meltdown.

Finally McCain is doing what he should have done weeks ago. Here is part of a speech he is supposed to deliver later today.

This crisis started in our housing market in the form of subprime loans that were pushed on people who could not afford them. Bad mortgages were being backed by Fannie Mae and Freddie Mac, and it was only a matter of time before a contagion of unsustainable debt began to spread. This corruption was encouraged by Democrats in Congress, and abetted by Senator Obama.
Senator Obama has accused me of opposing regulation to avert this crisis. I guess he believes if a lie is big enough and repeated often enough it will be believed. But the truth is I was the one who called at the time for tighter restrictions on Fannie Mae and Freddie Mac that could have helped prevent this crisis from happening in the first place.

And the best part.

Rather than answer his critics, Senator Obama will try to distract you from noticing that he never answers the serious and legitimate questions he has been asked. But let me reply in the plainest terms I know. I don’t need lessons about telling the truth to American people. And were I ever to need any improvement in that regard, I probably wouldn’t seek advice from a Chicago politician.

These people are unbelievable.  This attack speech coming from the do-nothing leader with some of the lowest approval ratings ever.

Here is another great video about some of the roots of the economic crisis.  It’s a bit long, but worth the time.  Thanks to Bill for the tip.